Flat for auction 13 Maharishi Patanjali Yojna Phase-I, Huzur, Bhopal by Canara

This residential flat, identified as No.E-7/13 on the 4th Floor of Block E-7 within the 'Maharishi Patanjali Yojna Phase-I', offers a compelling opportunity for first-time homebuyers or astute investors in Bhopal. Located strategically in Village-Godarmau, near Ashram Bapu Chouraha, Tehsil-Huzur, District Bhopal, Madhya Pradesh, the property benefits from a tranquil yet accessible setting. Spanning a comfortable carpet area of 345.92 sqft (with a plinth area of 384.35 sqft), it provides an efficient and practical living space. Its position within a well-planned complex and proximity to key landmarks suggests potential for both comfortable living and future appreciation. The Canara Bank auction makes this flat a potentially excellent value proposition, offering a chance to acquire a well-situated asset in a developing area of Bhopal, ideal for those looking to establish their presence in the city's dynamic real estate market.

This SARFAESI auction, conducted by Canara Bank via its service provider BAANKNET, presents a clear and structured process for acquiring property. For new property buyers, it is crucial to note the precise timeline: the Application Submission Deadline is 23-07-2025 at 11:30 AM, immediately followed by the Auction Start at 12:00 PM and Auction End at 01:00 PM on the same day. A Reserve Price of INR 430,000.00 has been established, serving as the minimum acceptable bid. Interested participants must submit an Earnest Money Deposit (EMD) of INR 43,000.00 to qualify for bidding; this amount is typically adjusted against the final bid for the successful buyer or refunded to others. As an expert in bank auctions, we highly recommend that new buyers perform comprehensive due diligence, including inspecting the property and verifying all associated legal documents, well before the application deadline. For detailed inquiries, the bank's contact at +919729373175 is available.